The Australian organic industry aims to quadruple production in the
next five years reaching $1 billion in domestic and export sales by
2006, reports IndustrySearch this week.
The EC has approved the proposed acquisition of Nutricia Dairy and
Drinks Group (NDDG) by Friesland Coberco Dairy Foods Holding N.V.
(FCDF), Netherlands.
Hansen Natural Corp. reported record sales for its second quarter
ended June 30, 2001, supported by strong growth in functional
drinks lines and new products.
Lactoferrin ingredients giant DMV International announced this week
a joint venture agreement with US beef packing company Farmland
National Beef Packing Company L.P.
Croda, the UK chemicals company, said its move to focus on
higher-margin oleochemicals had cushioned it against the sharp
downturn that has affected most chemical groups in the first half
of the year.
After months of baited breath soft drinks giant PepsiCo Inc.
finally obtained the approval, albeit by a hair's breadth, to buy
Quaker Oats Co. and its successful Gatorade brand.
Saputo Inc, the largest dairy processor in Canada reported on a
first-quarter profit climb of a third compared to the same quarter
last year as the price of cheese shot up.
